'Fixer Upper' stars Chip and Joanna Gaines announce new Target line

Target announced on Tuesday that it will partner with the "Fixer Upper" stars on a new home line -- Hearth & Hand with Magnolia.

The collection will include 300 items spanning tabletop, home décor and giftables. While Target is famously known for its limited-time collaborations, its partnership with Chip and Jo will last multiple years and the products will refresh season after season.

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Cutest photos of Chip and Joanna Gaines

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Cutest photos of Chip and Joanna Gaines

Jo is always working.. #LookAtME!!

Tonight's episode is a unique one... Watch us take on a different kind of #fixerupper 9/8c @hgtv #🚣🏻🎣

I know it's going to be hard to sleep tonight. I won't be coming down your chimney tonight, or will I? 1 more day. #fixeruppereve is upon us.

NEW YORK, NY - OCTOBER 19: Chip Gaines and Joanna Gaines attend The Build Series to discuss 'The Magnolia Story' at AOL HQ on October 19, 2016 in New York City. (Photo by Laura Cavanaugh/WireImage)

NEW YORK, NY - OCTOBER 19: Chip Gaines and Joanna Gaines attend The Build Series to discuss 'The Magnolia Story' at AOL HQ on October 19, 2016 in New York City. (Photo by Laura Cavanaugh/WireImage)

NEW YORK, NY - OCTOBER 19: Joanna Gaines attends The Build Series to discuss 'The Magnolia Story' at AOL HQ on October 19, 2016 in New York City. (Photo by Laura Cavanaugh/WireImage)

WHAT!?! 📸@brockwayne

You're my cup of tea @joannagaines! All new episode of #fixerupper tonight at 9/8p CT on HGTV. #season5iscoming 📷: @matsumoto818

We had so much fun. Thanks so much for everyone that came and @johnnyswim for killing it. We should do this every weekend. #nofilter #silobration

We were honored to be able to share our story with @iamsecond Be sure to go catch the video on their website!

Beautiful night at the ballpark with my family.. And big win for the Bears! Congrats @BaylorCoachRod

NEW YORK, NY - DECEMBER 08: Chip Gaines and Joanna Gaines discuss their hit show 'Fixer Upper' at AOL Studios In New York on December 8, 2015 in New York City. (Photo by Brook Christopher/FilmMagic)

Y’all have heard me say it before that I’ve created a monster with this woman— I love watching Jo’s dreams come to reality and we are so excited to share this next project with you all! Hint: it's not a baby.

NEW YORK, NY - OCTOBER 19: The Build Series present Chip Gaines and Joanna Gaines to discuss their new book 'The Magnolia Story' at AOL HQ on October 19, 2016 in New York City. (Photo by Mireya Acierto/FilmMagic)

Last week's Bakery reveal was such a fun one! Watch an all new #fixerupper tonight at 9/8c @hgtv

When you're doing an interview with @entertainmenttonight in Central Park and you think you're lookin' cute and then you see this.... Catch it tomorrow! I promise I don't do this the whole time 🙈

After we #silobrate we must eat tortillas and queso at the local Taco C! #idrathereatthansleep

It was windy up here but loved the view of downtown Waco. You see the Silos in the background?! #magnoliasilos #ALICObuilding @chippergaines

Selfies aren't our strong suit 🙈 @chippergaines

Today we got to reveal the bakery to our four favorite people! They loved getting to be on the other side of the canvas and be surprised 😍 #fixerupper

Chip taste tested (stuffed his face) all the final flavors for the bakery today. His personal favorite, the strawberries 'n cream cupcake. 🍓 We are super close to opening the new place! #chiptested #chipapproved #fixerupper 📷: @matsumoto818

Tonight's tiny house was a huge mess. #demoday photo courtesy of @Hgtv @rachel_whyte

Chk us out tomorrow night for our first Fixer Upper clip show! Get a behind the scenes look at our favorite moments, many many outtakes and bloopers. January 1, 9/8pm CST. @hgtv 📷: @matsumoto818

Fun day of filming on the farm 📷: @constance_atton #fixerupper #seasonfour @hgtv

NEW YORK, NY - DECEMBER 08: Chip Gaines and Joanna Gaines discuss their hit show 'Fixer Upper' at AOL Studios In New York on December 8, 2015 in New York City. (Photo by Brook Christopher/FilmMagic)

And while a typical fixer upper on the Gaines' television show will set you back a pretty penny, most of the items in their newest line are under $30!

In a blog post, Chip revealed that he and Jo partnered with Target because it's "the gold-standard when it comes to generosity and giving."

By teaming up with the retailer, the Gaines' will also be able to give back by supporting local communities and families in need through their line. To kick off the partnership, Magnolia will work with Target House at St. Jude Children's Research Hospital in Memphis, Tenn., to redesign their dining room.

Here's a sneak peak of the items that will soon be available for purchase:Target

Hearth & Hand with Magnolia debuts in Target retailers nationwide on November 5th, just in time for the holidays!

RELATED: Take a peek inside Chip and Jo's home:

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Inside Chip and Joanna Gaines' home

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Inside Chip and Joanna Gaines' home

Played in the dirt this weekend and spruced up the front porch with a variety of hydrangea plants. Now time for a Sunday nap 💚 #homebody #andplantladytoo

It's time for bed but I was determined to find a perfect spot for this metal verse. #fourthtimesthecharm

One day I will show you what's inside this extra large hutch... #dishjunky #farmhouse

May your day be Merry and Bright! #merrychristmas

Rearranging living room today made the space feel so much bigger. #monstertreeisgone #rearranginganditfeelssogood #farmhouse

This rainy day is making it really hard for me to leave for work. #homebody

Day 10: allergies aren't fun and they got the best of me tonight. So I did some sit ups and called it a day. Showing up is the hardest part #healthybody #healthymind #youcandoit

Excited to announce that soon and very soon you will be able to get the farmhouse style online and at our storefront boutique! #openingmay2014

A farmhouse for the dolls, fairies, and other lucky miniatures. #farmhouse

The hardest thing about bunk beds is when you have to actually make the bed. I just got simple striped sheets #potterybarn and a nice throw blanket #target for the edge of the bed. This cuts the time in half and it still has a finished casual look

Boys bathroom after a good cleaning. #howdoesitgetsodirty #farmhousestyle magniolia farms vanity built by @ckharp

Upstairs reading nook #ifonlyiwasareader #farmhouse

Are you crafting this summer? #imnotbutwishiwas #createandinspire

The jasmine vines are finally doing their thing and framing out the front of the greenhouse